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Parma purchase 50 percent ownership of Juventus attacker Sebastian Giovinco: Serie A transfer update

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Parma purchase 50 percent ownership of Juventus attacker http://www.senore.com/Football-soccer/Sebastian-Giovinco-c32724: Serie A transfer update
Italian club, Parma, have secured 50 percent ownership of Juventus playmaker, Sebastian Giovinco, for an approximately £2.6 million fee.
The Gialloblu signed Giovinco on-loan from Juventus in the summer of 2010 with an option to buy 50 percent of the player’s rights. The pocket sized attacker had a wonderful time at the club in the 2010/11 season and managed to score 7 goals in 32 appearances in all competitions.
Juve’s new manager, Antonio Conte, last week revealed that he had the 24-year-old in his plans for the 2011/12 season and would http://www.senore.com/Football-soccer/Love-c22466 to welcome him back at the Turin. However, Giovinco made it clear to the tactician that he wants to stay at Parma.
The President of the Ennio Tardini outfit expressed his delight over the deal and confirmed that the player will remain with the club.
Talking to the reporters Tommaso Ghirardi said, "This transfer is grandiose for our club.”
The Old Lady also confirmed the deal on their website and revealed that the sum of half ownership will be paid over three years.
A statement on the Juve's official website read: "Juventus Football Club communicates that Parma FC S.p.A has exercised their right to buy 50 per cent of Sebastian Giovinco's rights from the club for a fee of €3 million [£2.6m] paid over three years.  The operation, which takes effect from July 1, 2011, will generate a profit of around €2.7m on the 2011-12 budget."
Giovinco emerged from the youth ranks of Juventus and caught the eye of many people very early in his playing career. However, the attacker could not live up to the expectations and was constantly loaned out to other clubs. Former Juve manager, Claudio Ranieri, offloaded him in the summer transfer window of 2010 by suggesting that he was not in his plans for the future.
Giovinco’s impressive performances for Parma also earned him a national team call-up and he made his debut against http://www.senore.com/Football-soccer/Germany-c2904 in an international friendly at Dortmund in February 2011.
 
 

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